Oe Media News

 

Shell Rules Out BP Acquisition, Bound by UK Regulations

Jun 26, 2025

Shell has not bid for BP and is not actively considering such a move, it said on Thursday, adding it was bound by UK regulations which mean such a statement ban it from making a bid for BP for the next six months.The Wall Street Journal cited sources on Wednesday saying that Shell was in talks to acquire BP, in response to which Shell said no talks were taking place.'In response to recent media speculation…

Brazil Greenlights Additional Pre-Salt Oil Auction to Lift Revenue

Jun 26, 2025

Brazil's lower house of Congress on Wednesday approved an executive order allowing the government to auction its share of oil in uncontracted offshore pre-salt areas, a move that could help boost revenue as it struggles to balance its budget…

Aker BP Installs New Jacket at Valhall Field in Southern North Sea (Video)

Jun 24, 2025

Norwegian oil and gas company Aker BP has completed the installation of a jacket for a new production platform at the Valhall field in the Southern North Sea.The Valhall production and wellhead platform (PWP) jacket has been installed with the…

All Inter-Array Cables Installed at 488 MW French Offshore Wind Farm

Jun 24, 2025

The final inter-array cable has been installed at Îles d’Yeu and Noirmoutier (EMYN) offshore wind farm in France, being developed by Les Éoliennes en Mer Services.The 61st and final inter-array cable was installed on June 22 at the EMYN offshore wind farm…

Iran’s Top Security Body to Weigh In on Strait of Hormuz Closure

Jun 23, 2025

Iran's Supreme National Security Council must make the final decision on whether to close the Strait of Hormuz following U.S. bombing raids, Iran's Press TV said on Sunday, after parliament was reported to have backed the measure.Iran has long used the threat of closing the Strait…

Japan Energy Expo '25 Opens this Week

Jun 16, 2025

JERA’s major U.S. LNG supply deal sets the stage for Japan Energy Summit & Exhibition 2025, taking place 18 – 20 June in Tokyo, with live commentary expected from JERA’s Global CEO and METI during the Opening Ceremony.The Strategic Summit will feature top executives from Shell…

TenneT Installs Giant HVDC Offshore Wind Converter Platform in North Sea

Jun 10, 2025

The DolWin epsilon HVDC offshore wind converter platform, part of German transmission system operator (TSO) TenneT’s grid expansion project, has been installed in the North Sea.The installation of DolWin epsilon HVDC platform at DolWin cluster…

Seatrium Picks ABB to Supply Electrical Equipment for Petrobras' FPSOs

Jun 10, 2025

ABB has secured a large order by Seatrium, a global provider of marine engineering solutions based in Singapore, for the supply of electrical equipment and automation solutions on a new generation of floating production storage and offloading (FPSO) vessels for operator Petrobras…

CNOOC Starts Production at Offshore Field in South China Sea

Jun 09, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream the Weizhou 5-3 oil field development project in Beibu Gulf Basin in the South China Sea.The main production facility includes one self-installing wellhead platform…

UK Firm Seeks Suppliers to Build Full-Scale Tidal Energy Prototype

Jun 06, 2025

Tidal Technologies Limited (TTL) has launched a procurement process for the equipment supply, manufacturing and installation of components for its first full-scale tidal energy prototype.The procurement process is for the build out of TTL’s…

CDWE Wraps Up Pin Pile Installation Job for Taiwanese Offshore Wind Farm

Jun 03, 2025

CDWE, a joint venture between CSBC Corporation and DEME Offshore, has completed the installation of pin piles for the Hai Long offshore wind farm, being built in Taiwan.A total of 219 pin piles have been installed using the Green Jade heavy lift vessel…

Petronas, Inpex Secure Oil and Gas Exploration Rights off Indonesia

May 22, 2025

Petronas Energy Serpang, in association with Inpex and EO Serpang (EOS), have jointly been awarded rights to explore the Serpang Working Area located offshore Eastern Java in Indonesia.The award comes as part of the second Indonesia Petroleum…

EDP Renovaveis Expects Core Recurring Profit in 2025

May 08, 2025

EDP Renovaveis, the world's fourth largest wind energy producer, said on Thursday it expects core recurring profit to grow 13% in 2025 on the back of a solid operational performance, despite a 24% drop in net income in the first quarter.The…

ADNOC Drilling Marks Profit Rise Driven by Strong Oilfield Services

May 08, 2025

ADNOC Drilling, the subsidiary of Abu Dhabi's state oil giant, reported a 24% rise in first-quarter profit on Thursday, driven by strong growth in its oilfield services segment.ADNOC Drilling's net profit rose to $341 million in the quarter ended March…

Rex’s Akrake Signs Deal for Production Vessels at Seme Field off Benin

Apr 29, 2025

Akrake Petroleum, Rex International's indirect subsidiary, has signed contracts for a Mobile Production Unit (MOPU) and an Aframax tanker to be used as a Floating Storage and Offloading (FSO) unit for its Seme field, off Benin.The MOPU will be converted from a medium-sized drilling rig…

Current News

Saudi Aramco to Keep Shelf Drilling’s Jack-Up Busy for Five More Years

Saudi Aramco to Keep Shelf Dri

Viaro Energy to Boost North Sea Portfolio with Deltic Acquisition

Viaro Energy to Boost North Se

Triton Anchor Gets Patents for Floating Renewables Anchoring Tech

Triton Anchor Gets Patents for

Osbit Opens New Offshore Wind Facility in Port of Blyth

Osbit Opens New Offshore Wind

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine